Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$288,675$270,000
Remaining term (yrs)23.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.620%7.320%
Blended rate4.470%7.560%
1st payment$1,521.55$1,854.71
2nd payment$0.00$0.00
Taxes / mo$472.59$472.59
Insurance / mo$150.00$150.00
MI / mo$236.47$54.00
HOA / mo$0.00$0.00
Total monthly$2,380.61$2,531.30
Cash to close$11,325$30,000